- Will find out today if the labour market is turning a corner
- January job gains were concentrated, did not give comfort that economy as a whole was doing well
- Expect January jobs number to be revised down
- Could see the March meeting going either way depending on the data
- Don’t see a lot of tariff price risk left at this point
- People will see a spike in gas prices an be shocked
- But it is unlikely to cause sustained inflation
- If the conflict lasts longer, then it could have a broader impact
More to come..
This article was written by Justin Low at investinglive.com.
